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Philadelphia Housing Authority’s first Center City apartments are finally moving forward

Ethan J. Mulligan
Senior Reporter · Friday, November 6, 2026 at 11:00 AM · 1 min read
Philadelphia Housing Authority’s first Center City apartments are finally moving forward — Exton Real Estate news

Have a question about Philly’s neighborhoods or the systems that shape them? PlanPhilly reporters want to hear from you! Ask us a question or send us a story idea you think we should cover. After a decade of planning, construction is underway on a 121-unit apartment building in Center City that will bring a mix of market-rate and affordable rentals to the neighborhood. The 14-story project at 2012 Chestnut St. is a collaboration between Alterra Property Group and the Philadelphia Housing Authority. PHA will own the property. Alterra is the design-builder and will manage the development. The homes will be the authority’s first in Center City, an area that has historically been unaffordable and inaccessible to public housing residents. “This development represents our opportunity to create and have a balanced community, and to have folks who want to live in Center City, live in Center City,” PHA President Kelvin Jeremiah said. “Too often, our programs have been relegated to some of the l

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